The cryptocurrency market is experiencing a bearish trend, currently down by 0.12% in the past 24 hours, with a market cap valuation of $2.38 trillion.
Trading volume has decreased by 20.89% over the same period. Bitcoin (BTC) has fallen by 0.28% in the past 24 hours, while Solana (SOL) has dropped by 2.3%.
$BTC Price: $65,192 #Bitcoin #BTC #BitcoinPrice #Crypto #blockchain #cryptocurrency pic.twitter.com/bjqM10E5nn
— Bitcoin Price Tracker (@BTCPriceUpdate) June 20, 2024
Whenever the market enters a bearish phase, investors turn to on-chain markets, where they can find illiquid and extremely volatile tokens to invest in.
In these markets, crypto tokens are launched and traded directly on the blockchain. Given the negligible costs of launching a new token on the blockchain, there are many options these days.
Investors must be careful, however. Some of the tokens traded on these markets are intentionally designed to exploit unsuspecting traders via fraudulent activities such as rug pulls. With all that cleared out, these are the top crypto gainers today on DEXScreen today.
Here, we’ve compiled the top three crypto gainers today on DEXScreener, all running on Solana, and provided in-depth insights into their structures.
Running on Solana, Neuracat (NCAT) launched just ten hours ago and has already seen an astonishing 26,000% return within the period.
The memecoin has been linked to Neuralink. Elon Musk’s company, founded in 2016, is developing a brain-computer interface called “The Link, “a neural chip implant designed to decode and stimulate brain activity.
Elon has only supported dog coins
What happens if he supports a cat coin? pic.twitter.com/vqfzhwS6TI
— Jimmy X (@JimmyXKF) June 20, 2024
The founder, Noland Arbaugh, claimed to
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